🔥🔥🔥 Market News Saturday - 06/12
+ BTC dropped to $89K, ETH $3K, altcoins slightly adjusted, market sentiment index fell back to 23 - "extreme fear" [CT]
+ Trump's potential Fed chair candidate - Hassett believes the Fed needs to cautiously lower interest rates by 0.25% to support the economic recovery in Q1 [CT]
+ PCE inflation 🇺🇸 for September was published, expectations for the FED to cut interest rates by 0.25% still hold at 87% [CT]
📝 ETF Spot for 05/12 [CT]
+ BTC up +$54.8M, Ark up +$42.8M, BlackRock sold -$32.5M
+ ETH down -$75.2M due to BlackRock's selling
+ SOL up +$15.7M, Bitwise up +$12.2M
+ The Polish parliament lacks enough votes to override the president's veto, the plan for crypto market regulation is stalled [CT]
+ The Bank of Canada purchased 1.47 million shares of MSTR from Strategy ($273M) [CT]
+ Russian TOP2 bank VTB allows qualified investors to trade crypto spot from next year [CT]
+ Grayscale filed an S-1 application for the SUI spot ETF [CT]
+ U.S. prosecutors recommend a 12-year sentence for Do Kwon in the LUNA case, sentencing hearing is scheduled for 11/12 [CT]
#ETH🔥🔥🔥🔥🔥🔥
